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NGE Capital Ltd
(OTC:NGE)
NGE Capital Ltd (NGE) vs. iShares MSCI Australia ETF (EWA)
NGE Capital Ltd Business Overview & Revenue Model
NGE Capital Ltd Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 3.13M | 4.18M | -1.03M | 8.28M | -1.68M | Gross Profit |
| 3.13M | 4.18M | -1.07M | 8.22M | -1.74M | EBIT |
| 2.03M | 2.88M | -1.88M | 6.95M | -2.50M | EBITDA |
| 2.15M | 2.57M | -1.84M | 6.95M | -2.53M | Net Income Common Stockholders |
| 4.84M | 8.89M | -1.91M | 7.34M | -2.59M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 46.29M | 34.06M | 12.18M | 13.44M | 10.52M | Total Assets |
| 49.67M | 45.45M | 35.96M | 38.46M | 31.26M | Total Debt |
| 0.00 | 0.00 | 25.00K | 67.00K | 41.00K | Net Debt |
| -5.93M | -4.05M | -12.16M | -13.38M | -10.48M | Total Liabilities |
| 678.00K | 890.00K | 166.00K | 67.00K | 118.00K | Stockholders Equity |
| 48.99M | 44.56M | 35.79M | 37.76M | 31.09M |
| Cash Flow | Free Cash Flow | |||
| 2.04M | -7.96M | -1.87M | 3.60M | 10.99M | Operating Cash Flow |
| 2.04M | -7.96M | -1.87M | 3.60M | 10.99M | Investing Cash Flow |
| 0.00 | 0.00 | -2.00K | -3.00K | 33.00K | Financing Cash Flow |
| -417.00K | -155.00K | -97.00K | -722.00K | -3.12M |
NGE Capital Ltd Technical Analysis
NGE Capital Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | 30.16 | 3.53% | 3.72% | 9.87% | 5.04% | ||
68 Neutral | 8.02 | 10.50% | ― | -21.16% | -45.31% | ||
68 Neutral | 30.61 | 3.68% | 3.61% | 1.81% | 0.50% | ||
64 Neutral | $12.85B | 9.81 | 7.59% | 16985.65% | 12.30% | -7.71% | |
55 Neutral | 26.17 | -0.04% | 7.61% | 0.32% | -100.93% |
NGE Capital Ltd Corporate Events
NGE Capital Limited, an investment company listed on the Australian Securities Exchange (ASX:NGE), has announced that its Annual General Meeting (AGM) will be held virtually on May 27, 2025. Shareholders are informed that they will not be able to attend in person and are encouraged to participate via teleconference. The company has made the meeting materials available electronically and advises shareholders to submit proxy forms ahead of the meeting to ensure their votes are counted.
NGE Capital Ltd has announced the cessation of 500,000 ordinary fully paid securities as part of an on-market buy-back initiative. This move, effective from April 9, 2025, indicates a strategic effort by the company to manage its capital structure, which could potentially enhance shareholder value and impact its market positioning.
NGE Capital Ltd has announced a daily share buy-back, purchasing a total of 3,566,225 shares, with 500,000 shares bought back on the previous day. The buy-back is conducted on-market, with prices ranging from $0.9850 to $1.0000 on the previous day, and the company remains compliant with all relevant Corporations Act requirements.
NGE Capital Limited reported an increase in its Net Tangible Assets (NTA) per share, both before and after tax, as of March 31, 2025. The company made notable portfolio changes, including increasing its stake in MLG Oz Limited and trimming its position in Metals X Limited. Additionally, NGE Capital conducted a share buyback and highlighted potential future tax benefits from unrecognized tax losses. The company’s strategic moves and market activities, such as the interest in manganese M&A by Exxaro Resources, may impact its future operations and stakeholder interests.
NGE Capital Limited has announced its intention to hold its Annual General Meeting (AGM) on or after May 27, 2025, where the re-election of directors will be a key agenda item. The deadline for director nominations is set for April 10, 2025, and further details about the AGM will be provided in due course.
NGE Capital Limited has announced the cessation of 628,495 ordinary fully paid securities due to an on-market buy-back, effective March 10, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and market perception by reducing the number of shares outstanding.
NGE Capital Limited has announced a daily on-market share buy-back, purchasing a total of 628,495 shares on the previous day at prices ranging from $1.0400 to $1.0500. The company has already bought back a total of 2,437,730 shares and plans to buy back an additional 2,805,322 shares, indicating a strategic move to consolidate its shareholding and potentially enhance shareholder value.
NGE Capital Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement confirms the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, with full compliance in areas such as board charter disclosure, director appointment checks, and accountability of the company secretary to the board.
NGE Capital Limited reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue from ordinary activities decreasing by 44.12% and profit after tax dropping by 45.49% compared to the previous year. Despite the downturn in revenue and profit, the company saw an 11% increase in net tangible asset backing per ordinary share before tax. No dividends were paid or planned for the year, indicating a cautious approach in financial management.
NGE Capital Ltd announced its net tangible assets (NTA) per share increased to $1.326 before tax and $1.420 after tax as of January 31, 2025, reflecting a positive 3% performance in January. The company continues to strategically manage its portfolio, adding holdings in MLG Oz Limited and Achieve Life Sciences, Inc. MLG Oz, a mining services company, has seen significant growth, benefiting from the hub-and-spoke model employed by gold miners in the Goldfields region and has invested in technology to enhance operational efficiency and compliance, despite experiencing setbacks due to inflationary pressures in previous years.